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Alkane Resources Ltd
ASX:ALK

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Alkane Resources Ltd
ASX:ALK
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Price: 1.305 AUD -6.12% Market Closed
Market Cap: AU$1.8B

Wall St Price Targets

ALK Price Targets Summary
Alkane Resources Ltd

Wall Street analysts forecast ALK stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for ALK is 2.227 AUD with a low forecast of 2.02 AUD and a high forecast of 2.415 AUD.

Lowest Forecast
Price Target
2.02 AUD
55% Upside
Average Forecast
Price Target
2.227 AUD
71% Upside
Highest Forecast
Price Target
2.415 AUD
85% Upside
Alkane Resources Ltd Competitors:
Price Targets
PPL
Pembina Pipeline Corp
-3% Downside
CLVT
CLARIVATE PLC
42% Upside

Revenue
Forecast

24% / Year
Past Growth
58% / Year
Estimated Growth
Estimates Accuracy
-1%
Average Miss
24% / Year
Past Growth
58% / Year
Estimated Growth
Estimates Accuracy
-1%
Average Miss

Over the last 11 years, the compound annual growth rate for Revenue has been 24%. The projected CAGR for the next 3 years is 58%.

Gross Profit
Forecast

N/A
Past Growth
59% / Year
Estimated Growth
Estimates Accuracy
-33%
Average Miss
N/A
Past Growth
59% / Year
Estimated Growth
Estimates Accuracy
-33%
Average Miss

The compound annual growth rate for Gross Profit over the next 3 years is 59%.

Operating Income
Forecast

N/A
Past Growth
112% / Year
Estimated Growth
Estimates Accuracy
-8%
Average Miss
N/A
Past Growth
112% / Year
Estimated Growth
Estimates Accuracy
-8%
Average Miss

The compound annual growth rate for Operating Income over the next 3 years is 112%.

Pre-Tax Income
Forecast

N/A
Past Growth
110% / Year
Estimated Growth
Estimates Accuracy
-11%
Average Miss
N/A
Past Growth
110% / Year
Estimated Growth
Estimates Accuracy
-11%
Average Miss

The compound annual growth rate for Pre-Tax Income over the next 3 years is 110%.

Net Income
Forecast

N/A
Past Growth
107% / Year
Estimated Growth
Estimates Accuracy
-8%
Average Miss
N/A
Past Growth
107% / Year
Estimated Growth
Estimates Accuracy
-8%
Average Miss

The compound annual growth rate for Net Income over the next 3 years is 107%.

Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What you see on other sites is mostly sourced from sell-side analysts.

What is ALK's stock price target?
Price Target
2.227 AUD

According to Wall Street analysts, the average 1-year price target for ALK is 2.227 AUD with a low forecast of 2.02 AUD and a high forecast of 2.415 AUD.

What is the Revenue forecast for Alkane Resources Ltd?
Projected CAGR
58%

Over the last 11 years, the compound annual growth rate for Revenue has been 24%. The projected CAGR for the next 3 years is 58%.

What is the Gross Profit forecast for Alkane Resources Ltd?
Projected CAGR
59%

The compound annual growth rate for Gross Profit over the next 3 years is 59%.

What is the Operating Income forecast for Alkane Resources Ltd?
Projected CAGR
112%

The compound annual growth rate for Operating Income over the next 3 years is 112%.

What is the Pre-Tax Income forecast for Alkane Resources Ltd?
Projected CAGR
110%

The compound annual growth rate for Pre-Tax Income over the next 3 years is 110%.

What is the Net Income forecast for Alkane Resources Ltd?
Projected CAGR
107%

The compound annual growth rate for Net Income over the next 3 years is 107%.

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